I've come to the conclusion that Golos http://coinmarketcap.com/currencies/golos/ is massively undervalued. For this reason I've decided to sell all my other alt coins and put everything into Golos. Here's why:

I've never see high engagement levels. Don't forget Golos has only existed since January 2017

Steem is up more than 50% today. I'm thinking of getting a bank loan to put more into Golos.

Only get that loan if you are willing to pay it back if things go south. I've known a few people that were "so sure" litecoin was going to $200 back in 2013 and took out a mortgage on their house. You can guess how that went.

So all I'm saying is, just make sure the risk matches the reward. Don't do anything crazy

Just seen a video where the the founder of World Alternative Media, Josh Sigurdson states he believes platforms like Steem / Golos will be the future of social media https://youtu.be/qcvDDwN1bGQ?t=9m40s

Given that Josh runs his own media company I believe this is a strong vote of confidence

Just seen a video where the the founder of World Alternative Media, Josh Sigurdson states he believes platforms like Steem / Golos will be the future of social media https://youtu.be/qcvDDwN1bGQ?t=9m40s

Given that Josh runs his own media company I believe this is a strong vote of confidence

People say those kind of things all the time, whether they decide to build that it is entirely up to them and the people that invested in the project. There’s a large amount of coins out there that featured a Social Media platform though they didn’t really do to well after a few months.

They might be trying to build a stronger Social Media platform though I know that most people that use Bitcoin like to stay anonymous.

Just seen a video where the the founder of World Alternative Media, Josh Sigurdson states he believes platforms like Steem / Golos will be the future of social media https://youtu.be/qcvDDwN1bGQ?t=9m40s

Given that Josh runs his own media company I believe this is a strong vote of confidence

People say those kind of things all the time, whether they decide to build that it is entirely up to them and the people that invested in the project. There’s a large amount of coins out there that featured a Social Media platform though they didn’t really do to well after a few months.

They might be trying to build a stronger Social Media platform though I know that most people that use Bitcoin like to stay anonymous.

One thing to consider is platforms like Steemit need a userbase to thrive since a lack of activity is boring so it isn't just a linear calculation of this many users should equal a certain market cap. It is a compounding effect.

It's not linear, it's approximately exponential see Metcalfe's Law...So if Steem has 7x activity, it should be worth 49x more... which it is. Amazing.

Also, the Steem business model fails to attract professional writers... Experts with a brand that actually know something about a subject are not gonna play a lottery.

One thing to consider is platforms like Steemit need a userbase to thrive since a lack of activity is boring so it isn't just a linear calculation of this many users should equal a certain market cap. It is a compounding effect.

It's not linear, it's approximately exponential see Metcalfe's Law...So if Steem has 7x activity, it should be worth 49x more... which it is. Amazing.

Also, the Steem business model fails to attract professional writers... Experts with a brand that actually know something about a subject are not gonna play a lottery.

Steem has maybe 7x the activity, but its been around much longer than Golos.

On what basis are you saying the Steem business model fails to attract professional writers? Its only been around for 1 year!

Also - whilst the business model might not be perfect, its better than publishing on something like wordpress.com, medium.com etc. With Golos at least you have a CHANCE of earning money for publishing content. With other platforms you need to try monetise in other ways.